We are pleased to present a once-in-a-generation opportunity to acquire this immaculately maintained 3-unit building nestled just below historic Logan Boulevard on highly desirable, tree-lined Talman Ave. Currently configured as three two bedroom one bathroom apartments, all units feature high ceilings, hardwood floors, galley kitchens, tall windows and tons of light! Closely held since 1992, this little charmer (although grossly under-rented) offers the astute investor an opportunity to acquire a very well-located, cash-flowing asset. Proforma cap rate is 8%. Alternatively, the savvy homeowner will no doubt see the wisdom in acquiring this property with the intent to reside in one unit and reap the rewards of collecting rental income on the other two! No matter how you slice it, this quality asset will enhance any investor's or owner-occupant's portfolio. Need to get to the pre-Covid-19 office? Public transportation is virtually at your doorstep; just a quick 10-minute walk to the California Blue Line and less-than a 5-minute jaunt to the # 74 Fullerton Ave CTA Bus. Need provisions? National, big box retail and grocers are a mere 5 minutes away at Elston & Logan. Need to get out of Dodge? The Kennedy Expressway is a 4-minute drive from your garage. Feeling a bit explore-y? Setting the heart of Logan Square as your destination, why not stroll The Boulevard Westward for 14 minutes, gawking (reverently) at the pure architectural magnificence of your neighbors' Boulevard-fronting homes?
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For more information about 2513 N Talman, Chicago, IL 60647 contact Corcoran Urban Real Estate.
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